Mr. Sincerity over-shares

October 14, 2009

Yeah, I know, it’s old news. I’ve just recently escaped from a time-warp so I’ve missed out on some current events so you’ll just have to bear with me until I can catch up.

Still, time plus distance makes the stench even stronger, don’t you agree?


We the People to Wall St.: Drop Dead

March 26, 2009

Special guest diatribe courtesy of Something Awful:

The following is a fucking letter sent right fucking now to the New York Goddamn Times, another dying newspaper that is spending its final years ignominiously lurching between the rotten crotch of Wall Street and the ghastly juice pit of its political patrons. The Fourth Fucking Estate lives on the Internet now, you simpering whores and charlatans!This is a response to an actual publicity stunt of a letter puked out by the biggest dickbag in recent history, Jake DeSantis, and then published by America’s paper of dumb fucking record. This ass polyp DeSantis worked for the patient zero of the ebola currently running rampant through the rupturing vessels and blown veins of our country’s financial circulatory system. This is a dude who helped us move a couple clicks closer to some Road Warrior 12 Monkeys shit and now he’s crying because he didn’t get his prostate massaged thoroughly enough by the taxpayers. When I address this shit to Wall Street, I mean specifically Jake DeSantis, formerly of A.I.G., but also all of the rest of these dumbfucks who just don’t fucking get it.

DEAR Wall Street,

What a bunch of whiny fucking babies. John Galt would be puking blood for 200-pages over this load of shit, you bunch of sobbing welfare queens. You fucked up. You ruined everything. You broke it, and we fucking bought it, because big baby was too big baby to fail.

We get it all ways from you motherfuckers. You’re robbing us of our present and future now, but first you stepped on our throats on your way to the top. You raked in the money with a bunch of made up fantasyland bullshit that wouldn’t fool a counting horse on America’s Funniest Home Videos, but somehow suckered in every major bank in the world.

Credit default swaps.

Those things are so fucking dumb that when you explain them to somebody and they laugh about how dumb they are you’ve got to act like ooooh they’re so magical and complicated. Far too complex for the plebes to get. No! Wrong! Go into OTB and put fifty dollars on Rambo’s Beautiful Blood. You just bought a credit default swap. Whoaaa you’re blowing my simple pea brain with your fancy Wall Street talkin’. You sadsack fuckers.

So everybody bought into your big scheme, even when they didn’t know they were playing, and now the whole thing has come crashing down because too many people won the fucking unbelievably obvious bet that a million illegal immigrants were going to default on million dollar home loans. Suddenly all your stupid fake money is gone, but if it’s gone the whole system of bullshit lies collapses and you look like dickheads. So whoopty-doo, now we gotta make the fake money turn real or else the house of shitty cunt cards comes crashing down, only there isn’t enough real money to cover all the fake money, so we’re making more real money.

Then there’s A.I.G., the bad seed, the carbuncle on our anus, the weeping wound in our tit, the sorry source of all our misery and woe. This is the monster garage full of miscreants that dreamed up the fire-breathing nitro-gulping predicament we’re in right fucking now. Their financial products division created the derivatives market from lies and their executives raked in billions in bonuses and easy money. While they were peddling bad bets, median wages in the US stagnated and poor working schmucks leaned increasingly on credit to get by. Prices on everything were going up, but credit was easy to come by what with all that bullshit money to throw around.

Read the rest of this entry »


The top 10 recipients of cash contributions from AIG in 2008

March 25, 2009

1. Sen. Chris Dodd, D-Conn., $103,100
2. Sen. Barack Obama, D-Ill., $101,332
3. Sen. John McCain, R-Ariz., $59,499
4. Sen. Hillary Clinton, D-N.Y., $35,965
5. Sen. Max Baucus, D-Mont., $24,750
6. Former Gov. Mitt Romney, (R) Pres $20,850
7. Sen. Joe Biden, D-Del., $19,975
8. Rep. John Larson, D-Conn, $19,750
9. Sen. John Sununu, R-N.H., $18,500
10. Former Mayor Rudolph Giuliani (R) Pres $13,200

So you can pretty much be assured that each and every name above is dirty. You can also be certain each and every one is all for bailing out the rich at the expense of everyone else.


Liar’s poker, homeowner edition

January 6, 2009

The past eight years of affluenza is continuing to take its toll.

The post du jour, courtesy of patrick.net:

Foreclosure Stories Ignore Foolish Greed Of Borrowers

Re: [MSNBC video]

Hi Chris, I have to say that I think your profile on forclosures was completely one sided. Almost all of the piece was about the sad reality of people being evicted from ‘their’ homes. Hardly any time was spent on how they got into the problem in the first place. The Alverez family in Florida had their mortgage payment double, however these people obviously had taken out an exotic loan in the hopes that housing prices would continue to rise and interest rates would continue to stay at historic low levels forever so they could refinance. They should have never have put themselves in that situation. A school principal said she did not read the contract when she refinanced her mortgage. I hope she did not do the same when she was managing the contracts for her school. As an educator she should have been saving money for her daughters school from the time her girl was born, however that would take sacrifice and how much easier was it for her to use the house atm.

For your next piece you should spend some time talking to the real victims of this crisis, the responsible people who did not take out mortgages that they could not afford. Because of the absurdity in the housing market many familys with good incomes were priced out of the market because they were not willing to take exotic mortgages. These were the people that realized that by taking an adjustable rate mortgage, option arm, or interest only loan there was a possibility that things could go underwater very quickly just like it did. Many of these people ended up renting, loosing the tax breaks that come with home ownership, and maybe saving money which due to the bail outs, is worth less and less each day. These people responsible people are the true victims, not the people who bought houses they could not afford with loans they did not understand. I hope you spend some time discussing the reasons why these people put themselves in such bad situations in the first place.. I think that you will find that the main motivation was either greed, trying to keep up with the Jonses, or choosing to spend their money on other things.

Anonymous

Be sure to watch the video. “Read” between the lines. I’m sorry if I sound a bit harsh, but these folks- claiming to not know the terms of their loan, and are now soured that their bet on perpetual home appreciation was wrong- are prevaricating. Having bet “the house,” the only tactic left to them is playing the sympathy card (the joker?), which only buys a little time.

The mainstream media will always be there to pimp them out as victims (who nevertheless could have avoided this entire fiasco if they had done five minutes worth of basic math)- but you and I know better.


Common sense tells you that if you gamble, most of the time you will lose.


No asshole today

April 5, 2008

Just cunts.


Biting

April 4, 2008

Commenters on a blog can bite back- so be careful what you say!

That’s what this Realtwhore is finding out.

She is soliciting for clients to let her help them buy a new home BEFORE they foreclose on their current one. That’s right, she turned them once (into nice ninja loans) and now she wants to turn them again.

Kathy is surely an overacheiver!

Maybe business wouldn’t be so bad right now if the RE industry as a whole wasn’t so greedy that they killed their future prospects off for short term gain.

Continuing to assist clients in perpetrating fraud is no way to make a living.


“Please. God. Just. One. More. Bubble.”


Institutional bribery takes a holiday

February 29, 2008

[SF Gate]

The National Association of Home Builders has a way to solve the housing and economic slowdown: Give a tax credit of $10,000 or thereabouts to anyone who buys a newly built house.Congress declined to include this blatantly self-serving proposal in its first economic stimulus plan.

The builders group responded by halting all contributions to federal congressional candidates and their political action committees.

Heh. They’re taking their bribe money and going home to pound the floor. Wah.